Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

Locating POS Terminals from Credit Card Transactions

Authors: Chao Li; Jia Chen; Jun Luo;

Locating POS Terminals from Credit Card Transactions

Abstract

Credit card is a popular payment method and the transaction data keeps track of purchasing activities in people's daily lives. Extracting location of people's activities is an important task in many data mining problems because it may greatly help improve user experience and the service provided to people. Locating people from credit card transactions is equivalent to determining the location of every POS terminal where a payment takes place. This is however not an easy task because the locations of terminals are not usually provided to the credit card issuing companies and only a few terminals can be unambiguously located through map service by providing the merchants' names. In this paper, we propose a system to infer the locations of POS terminals using transaction data and map service. We first construct a transaction graph where the nodes are POS terminals. We then propose a two phase algorithm to find out uncertain and unknown locations of the terminals. In the first phase, we try to eliminate the uncertainty of POS terminals with multiple candidate locations. We show this problem is NP-hard and then give an effective heuristic algorithm to solve it. In the second phase, we compute the locations of unknown POS terminals by propagating the locations of known ones with spatial-temporal constraints. The algorithm is evaluated using a real-world credit card transaction data set and the result is promising for business applications.

Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!